Police in Guangdong apprehended 1,071 suspects and froze bank accounts containing 330 million yuan in illegal funds in what’s being called the biggest online lottery-related gambling bust in China’s history.
The suspects were caught between June and December last year, and 570 of them are now in detention, the public security department of Guangdong province said yesterday.
The group set up around 200 gambling sites, many through Thai servers, and rented each one out for 70,000 to 100,000 yuan per month. Hundreds of thousands of gamblers joined the sites to bet on the results of Chinese lotteries. At least 125 of the websites allowed people to bet on the results of the national welfare lottery, attracting over 400,000 members and 400 billion yuan in bets per month.
According to Xinhua, members of the gambling sites lost around nine billion yuan in December alone.
Yu Feng, an official with the security department, added that most of the money wasn’t able to be frozen, as several transactions were done with cash or through illicit private banks.
While gambling remains illegal in China, lotteries are still good for the gettin’. China’s two state-run lotteries include China Sports Lottery and China Welfare Lottery.
[Image via CCTV News]